Are you serious? WTF!
5 years to late suckers!
http://www.smh.com.au/business/mini...ium-in-western-australia-20171031-gzbxvb.html
- Darren Gray
Iron ore heavyweight Fortescue Metals Group is looking for lithium in the vast Pilbara region of Western Australia, in response to the strengthening outlook for lithium and electric vehicles worldwide.
Fortescue's chief executive, Nev Power, confirmed the exploratory work on Tuesday, saying the tenements it held were "next door" to the current lithium operations of Pilbara Minerals and Mineral Resources.
"So we're in the right area. We're looking for elephants in elephant country, but whether you find the elephant, I don't know," he said.
Asked if Fortescue's interest in lithium was driven by the strengthening outlook for lithium and electric vehicles, he said: "Yeah, absolutely."
Mr Power, who will depart Fortescue in February 2018 after six-and-a-half years at the helm, was speaking to media at the International Mining and Resources Conference in Melbourne on Tuesday.
Meanwhile, the managing director of Australian lithium company Kidman Resources, Martin Donohue, told the conference that Chinese companies had been striking deals with lithium companies to secure lithium supplydvertisement
"It's very hard to find a lithium developer or producer that hasn't signed some kind of an off-take with the Chinese converters, or even further upstream," he said.
- Forums
- ASX - By Stock
- GXY
- Latest Lithium Related Articles
Latest Lithium Related Articles, page-1495
-
- There are more pages in this discussion • 1,087 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online